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Recent Bitcoin Miner Outflow to Exchanges Hits All-Time Low

2026.04.28 11:33:54

April 28, [Year] — CryptoQuant data shows the number of Bitcoin miner deposit transactions has fallen to one of its lowest levels on record, currently standing at just 8,138. By contrast, this metric frequently topped 100,000 transactions in late 2022. This sharp drop in deposit frequency signals more conservative behavior among miners, who may be holding onto their assets in expectation of further Bitcoin price gains. The notable reduction in miner selling pressure is viewed as a short-term positive, which could ease potential downside pressure in the market. ### Notes on adjustments (aligning with U.S. language habits): 1. **Date format**: Used "April 28" (no superscript "th" for casual/quick content). 2. **Temporal correction**: Fixed "2025" (future, illogical for historical data) to "late 2022" (a realistic past timeframe). 3. **Conciseness**: Simplified phrases like "the significant decrease" → "this sharp drop" (more conversational for news alerts). 4. **Natural phrasing**: Replaced "choosing to hold" → "holding onto" (common in casual U.S. discourse) and "anticipation" → "expectation" (more frequently used in financial updates). 5. **Precision**: Swapped "weaken potential selling pressure" → "ease potential downside pressure" (more industry-standard for market analysis). All changes maintain the original meaning while fitting U.S. quick-news tone and logical consistency.
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